Gurgaon ,India based Wesley Clover Communication Solutions has announced that it has acquired Telesoft ,a software engineering firm.
Prior to the acquisition, Telesoft provided software engineering services to many North American companies, with a focus on telecom networking and internet protocol (IP) technologies. Telesoft will now operate as the “Technology Division” of Wesley Clover Communication Solutions.
“Our customers in India will benefit greatly from our new Technology Division through features and applications developed expressly for the Indian market”, said Anil Khosla, CEO & MD of Wesley Clover Communications Solutions. “This move re-emphasizes the statement of Sir Terry Matthews of Wesley Clover’s commitment to the Indian market by retaining all IPRs within India itself. He had made the commitment in December 2007, while inaugurating the company office in India,” he further added.
“This acquisition is significant for Canadian technology companies, as it will accelerate their market entry in to India by enabling custom tailored solutions to be developed”, said Mike Manson, CEO of the TaraSpan Group, which is the Canada-based sister company of Wesley Clover Communication Solutions. “Coupling market entry with market-specific software development is a unique value proposition for Wesley Clover Communication Solutions.”
“By joining forces with Wesley Clover Communication Solutions, we are poised for significant growth and expanded services for our customers”, said Suhas Pathak, founder of Telesoft and now the new Vice President of Technology at Wesley Clover Communication Solutions.
Wesley Clover Communication Solutions Pvt. Ltd., based in Gurgaon, Haryana, was incorporated to develop new business opportunities in the burgeoning Indian high technology market. The company has integrated best of breed Canadian technology with Indian market know-how, to address the retail, hospitality, transportation, healthcare, utilities and BPO market segments. The company was launched by Canadian-based Wesley Clover International, the highly respected investment and technology group founded by Sir Terry Matthews.